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Waterfront · Condominium
$1,950,000$1,960 / sqft
580 72nd Street, Miami Beach FL 33141
Listed
2
Bedrooms
2
Bathrooms
995 sqft
Interior
2025
Year built
$1,995 / mo
HOA
Condominium
Type
About this home
Experience spectacular coastal living in this fully furnished 2-bedroom, 2-bath Corner PENTHOUSE at 72 Park. Enjoy unobstructed panoramic DIRECT water views of the OCEAN, BAY, and Downtown Miami from the expansive wraparound balcony, with floor-to-ceiling windows showcasing breathtaking views from every room. This brand-new turnkey residence features 10-foot ceilings, an open-concept layout, contemporary furnishings, Italian cabinetry, Bosch appliances, and an in-unit washer and dryer. Residents enjoy exceptional resort-style amenities, including a pool deck with a lap pool and private cabanas, a state-of-the-art fitness center with Technogym equipment, co-working spaces, stylish social areas, a children’s playroom, beach services, and on-site dining venues. Ideally located in the heart of North Beach, just steps from the beach, shops, and restaurants. APPROVED for both SHORT-TERM andLONG-TERM rentals, this exceptional penthouse offers outstanding income potential and the flexibility to serve as a luxurious primary residence, vacation home, or investment property.
Features
- Elevator
- Pantry
- Walk-In Closet(s)
- Other
- Barbeque
- Open Balcony
- Bay
Leasing
- Minimum lease
- 360 days
- Leases permitted per year
- 1
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,595–$10,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.